Six former eBay employees charged with cyberstalking Massachusetts couple
Six former eBay Inc employees have been criminally charged with cyberstalking a Massachusetts couple who published an online newsletter viewed as critical of the e-commerce company, federal prosecutors in Boston said on Monday.
Lufthansa seeking cuts equivalent to 22,000 positions
Lufthansa said on Monday it was seeking to strike agreements with worker representatives by June 22 on how to make cuts equivalent to 22,000 full-time positions.
Wall Street mixed as investors weigh spike in virus cases
U.S. stocks were mixed in choppy afternoon trading on Monday, with the benchmark S&P 500 paring early losses to trade flat as investors weighed the economic outcome of a spike in new coronavirus cases in China and parts of the United States.
Exclusive: U.S. to allow companies to work with Huawei on 5G standards – sources
The United States will amend its prohibitions on U.S. companies doing business with China’s Huawei to allow them to work together in standards setting for next-generation 5G networks, according to people familiar with the matter.
Oil prices rise on optimism around OPEC+ output pact
Oil prices rose on Monday as signs fuel demand was recovering while OPEC+ members were complying with a production cut deal outweighed fears that new coronavirus infections could further slow the global economy.
Italy says closely watching LSE/Refinitiv deal due to implications for Milan bourse
Italian Economy Minister Roberto Gualtieri said on Monday the government is closely watching the merger between the London Stock Exchange (LSE) and Refinitiv, and its implications for the Italian bourse owned by LSE.
HSBC gets veiled rebuke from UK government over Hong Kong
Britain’s Foreign Secretary Dominic Raab voiced a thinly veiled criticism of HSBC on Monday after the bank backed China’s national security law for Hong Kong, contradicting the British government’s opposition to it.
U.S. economy will start to rebound in second half of 2020, Fed’s Kaplan says
The U.S. economy will experience a “significant, historic” contraction in the second quarter before it starts to rebound, and unemployment will remain elevated at the end of 2020, Dallas Federal Reserve President Robert Kaplan said on Monday.
U.S. Supreme Court clears way for pipeline to cross Appalachian Trail
Ruling against environmentalists, the U.S. Supreme Court on Monday decided that the federal government has the authority to allow a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia.
Amazon says CEO Bezos willing to testify before U.S. Congress
Amazon.com Inc said on Monday its founder and Chief Executive Jeff Bezos was willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies.
